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Thread: Alexandria Ocasio-Cortez's Baffling Idiotic "Green New Deal," and why it will harm efforts to combat Global Warming

  1. #81
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    Default Re: Alexandria Ocasio-Cortez's Baffling Idiotic "Green New Deal," and why it will harm efforts to combat Global Warming

    Quote Originally Posted by Aexodus View Post
    The healthcare system does however profit massively it has to be said from America, where most of the innovation is taking place.
    Once again, a non sequitur. The cost of procedures in the US is higher than in other countries per patient. This seems to be because they are monetised, rather than socialised.

    The point about top end discoveries is not relevant as the US was a world leader in many fields before Ford turned the US health system into a privatised milking machine. Events like the infamous Pharma-Bro price hike on life saving medicine make clear the down side of this rapacious system.

    This kid seems to be offering "less of the same", just like Trump did. I imagine like Trump she's full of crap and in service to Billionaires, if she fails to remain in office maybe she's sincere. Bernie has managed to keep his seat, they might make an unusual Presidential ticket.
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  2. #82

    Default Re: Alexandria Ocasio-Cortez's Baffling Idiotic "Green New Deal," and why it will harm efforts to combat Global Warming

    Quote Originally Posted by Aexodus View Post
    The nordic model is not socialist
    Then neither are what Alexandria Ocasio-Cortez proposes as vast majority of her proposals are a reality in Scandinavian countries.


    Quote Originally Posted by Aexodus View Post
    The healthcare system does however profit massively it has to be said from America, where most of the innovation is taking place.
    This is a myth. European countries provide a similar contribution to drug innovation. In reality, drug innovation is proportional to a nation's wealth.
    Pharmaceutical innovation is an international enterprise. Although the United States is an important contributor to pharmaceutical innovation, we found that more than 20 countries contributed to the development of the 288 NMEs with patents at the time of approval. More than 171 companies were involved in the development of these NMEs, and the vast majority of companies were multinationals with facilities located in more than 2 countries. We also found that the United Kingdom, Switzerland, Belgium, and a few other countries innovated proportionally more than their contribution to the global GDP or prescription drug spending, whereas Japan, Spain, Australia, and Italy innovated less.

    In contrast with the United States, all other countries investigated had instituted at least 1 form of drug pricing regulation.1 Critics of drug price regulation argue that free market pricing strategies and higher prices in the United States are instrumental to innovation.20,21 One might therefore expect the United States to be the most innovative given that it is the only country with a predominantly unregulated pharmaceutical market. However, US pharmaceutical innovation appeared to be roughly proportional to its national wealth and prescription drug spending. Our data suggest that the United States is important but not disproportionate in its contribution to pharmaceutical innovation. Interestingly, some countries with direct price control, profit control, or reference drug pricing appeared to innovate proportionally more than their contribution to the global GDP or prescription drug spending.
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